HEY, ANOTHER STRESS POINT: Much of the chatter about the global tax deal in the U.S. has focused, understandably, on the 15 percent minimum tax.
But there’s a whole other pillar to the agreement negotiated through the Organization for Economic Cooperation and Development, and now there are new signs of intercontinental tension over that proposal.
Bruno Le Maire, the French finance minister, said Monday that the EU should look to press ahead with a digital services tax because of the implementation challenges facing Pillar One — in the U.S. and elsewhere, like India and Saudi Arabia.
